MFUS vs. NUSC ETF Comparison

Comparison of PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF (MFUS) to NuShares ESG Small-Cap ETF (NUSC)

MFUS

PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF

MFUS Description

The investment seeks to track the investment results of the RAFI Dynamic Multi-Factor U.S. Index. The fund seeks to achieve its investment objective by investing at least 80% of its total assets (exclusive of collateral held from securities lending) in the component securities of the RAFI Dynamic Multi-Factor U.S. Index. The underlying index is constructed by RAFI Indices, LLC (the index provider) using a rules-based approach to construct factor portfolios within the underlying index. The underlying index consists of factor portfolios, each of which emphasizes one of the following factors: value, low volatility, quality, momentum and size.

Grade (RS Rating)

Last Trade

$50.22

Average Daily Volume

7,364

Number of Holdings ^*

780

* may have additional holdings in another (foreign) market

NUSC

NuShares ESG Small-Cap ETF

NUSC Description

Fund seeks to track the investments results, before fees and expenses, of the TIAA ESG Small-Cap Index.

Grade (RS Rating)

Last Trade

$42.97

Average Daily Volume

54,681

Number of Holdings ^*

479

* may have additional holdings in another (foreign) market

Performance

Period	MFUS	NUSC
30 Days	3.10%	4.45%
60 Days	4.82%	3.92%
90 Days	5.74%	9.65%
12 Months	28.93%	20.91%

137 Overlapping Holdings

Symbol	Grade	Weight in MFUS	Weight in NUSC	Overlap
AAP	F	0.01%	0.16%	0.01%
ABG	D	0.07%	0.05%	0.05%
ACA	B	0.03%	0.03%	0.03%
AEO	F	0.09%	0.03%	0.03%
AGCO	D	0.02%	0.03%	0.02%
AGNC	B	0.04%	0.63%	0.04%
AIR	C	0.02%	0.11%	0.02%
AMG	C	0.05%	0.55%	0.05%
ANDE	D	0.02%	0.16%	0.02%
APAM	C	0.02%	0.02%	0.02%
AROC	D	0.03%	0.3%	0.03%
ATR	B	0.07%	0.04%	0.04%
AXTA	B	0.02%	0.51%	0.02%
AYI	B	0.07%	0.13%	0.07%
BCC	B	0.06%	0.51%	0.06%
BDC	B	0.04%	0.19%	0.04%
BECN	D	0.01%	0.28%	0.01%
BERY	B	0.06%	0.64%	0.06%
BFAM	C	0.03%	0.66%	0.03%
BHE	D	0.01%	0.05%	0.01%
BLD	D	0.03%	0.41%	0.03%
BRC	C	0.01%	0.34%	0.01%
BRKR	D	0.03%	0.13%	0.03%
CADE	C	0.01%	0.03%	0.01%
CASY	D	0.15%	0.77%	0.15%
CBSH	C	0.01%	0.59%	0.01%
CNM	F	0.01%	0.74%	0.01%
CR	C	0.01%	0.76%	0.01%
CRUS	D	0.05%	0.7%	0.05%
CSGS	C	0.01%	0.14%	0.01%
CUBE	B	0.04%	0.13%	0.04%
CVLT	B	0.03%	0.68%	0.03%
CWEN	C	0.01%	0.1%	0.01%
CWEN	C	0.01%	0.25%	0.01%
DLB	D	0.03%	0.44%	0.03%
DNOW	D	0.01%	0.13%	0.01%
DXC	C	0.02%	0.4%	0.02%
ELAN	D	0.01%	0.26%	0.01%
ESI	D	0.01%	0.61%	0.01%
ESNT	B	0.01%	0.07%	0.01%
EWBC	D	0.02%	0.83%	0.02%
FAF	B	0.02%	0.71%	0.02%
FCN	D	0.07%	0.66%	0.07%
FHN	D	0.01%	0.54%	0.01%
FIX	B	0.05%	0.5%	0.05%
FL	D	0.05%	0.04%	0.04%
FLEX	C	0.05%	0.42%	0.05%
FTI	D	0.1%	0.65%	0.1%
FYBR	C	0.01%	0.26%	0.01%
GAP	F	0.07%	0.16%	0.07%
GBX	C	0.03%	0.12%	0.03%
GNRC	D	0.04%	0.4%	0.04%
GPI	B	0.09%	0.39%	0.09%
HAE	F	0.02%	0.26%	0.02%
HBI	B	0.03%	0.02%	0.02%
HELE	D	0.01%	0.13%	0.01%
HNI	C	0.02%	0.25%	0.02%
HOG	C	0.02%	0.39%	0.02%
HPP	D	0.01%	0.06%	0.01%
HRB	C	0.09%	0.91%	0.09%
HXL	F	0.04%	0.32%	0.04%
IVZ	B	0.05%	0.3%	0.05%
JAZZ	D	0.01%	0.14%	0.01%
JLL	B	0.05%	0.4%	0.05%
JWN	C	0.03%	0.1%	0.03%
JXN	A	0.09%	0.65%	0.09%
KBH	A	0.04%	0.09%	0.04%
KBR	D	0.02%	0.76%	0.02%
KTB	B	0.05%	0.12%	0.05%
LAD	D	0.01%	0.58%	0.01%
LNC	D	0.05%	0.09%	0.05%
LPX	B	0.06%	0.47%	0.06%
LUMN	C	0.08%	0.14%	0.08%
M	F	0.04%	0.16%	0.04%
MOG.A	B	0.04%	0.57%	0.04%
MSA	D	0.03%	0.42%	0.03%
MTG	B	0.04%	0.06%	0.04%
MTH	A	0.08%	0.02%	0.02%
MTN	D	0.05%	0.4%	0.05%
MUSA	D	0.17%	1.0%	0.17%
NNI	B	0.01%	0.02%	0.01%
NOV	F	0.04%	0.29%	0.04%
NSIT	D	0.06%	0.37%	0.06%
NWL	C	0.02%	0.29%	0.02%
NYT	C	0.05%	0.41%	0.05%
OMI	D	0.01%	0.11%	0.01%
ONB	C	0.01%	0.11%	0.01%
PDCO	F	0.03%	0.09%	0.03%
PFSI	C	0.02%	0.42%	0.02%
PRG	B	0.03%	0.16%	0.03%
PRIM	B	0.03%	0.19%	0.03%
PVH	F	0.04%	0.27%	0.04%
R	A	0.06%	0.54%	0.06%
REZI	D	0.02%	0.27%	0.02%
RGA	C	0.05%	0.63%	0.05%
RGLD	C	0.04%	0.4%	0.04%
RHI	D	0.02%	0.45%	0.02%
RUSHA	C	0.03%	0.12%	0.03%
SAIA	D	0.04%	0.47%	0.04%
SBH	B	0.03%	0.02%	0.02%
SCHL	D	0.01%	0.08%	0.01%
SCI	B	0.06%	1.06%	0.06%
SCL	D	0.01%	0.17%	0.01%
SFM	B	0.19%	0.17%	0.17%
SIG	C	0.04%	0.06%	0.04%
SIGI	D	0.01%	0.02%	0.01%
SNV	C	0.01%	0.31%	0.01%
SON	C	0.04%	0.02%	0.02%
SPB	C	0.01%	0.27%	0.01%
STC	B	0.02%	0.21%	0.02%
SWX	C	0.01%	0.16%	0.01%
SXT	C	0.02%	0.28%	0.02%
TDC	F	0.02%	0.12%	0.02%
TGNA	D	0.04%	0.21%	0.04%
THG	B	0.04%	0.05%	0.04%
THO	D	0.06%	0.33%	0.06%
TMHC	A	0.08%	0.15%	0.08%
TNET	F	0.01%	0.23%	0.01%
TPH	C	0.05%	0.03%	0.03%
TPR	C	0.01%	0.28%	0.01%
UNM	B	0.1%	0.12%	0.1%
USFD	B	0.09%	0.7%	0.09%
VFC	C	0.02%	0.04%	0.02%
VNT	F	0.02%	0.14%	0.02%
VVV	D	0.03%	0.49%	0.03%
WAL	B	0.01%	0.59%	0.01%
WBS	D	0.01%	0.34%	0.01%
WCC	D	0.08%	0.16%	0.08%
WGO	D	0.01%	0.17%	0.01%
WHR	D	0.04%	0.15%	0.04%
WMS	D	0.02%	0.58%	0.02%
WOLF	F	0.0%	0.1%	0.0%
WTM	D	0.04%	0.47%	0.04%
XHR	B	0.02%	0.14%	0.02%
XPO	D	0.03%	0.23%	0.03%
XRX	D	0.02%	0.05%	0.02%
ZION	D	0.03%	0.26%	0.03%

MFUS Overweight 644 Positions Relative to NUSC

Symbol	Grade	Weight
LLY	C	2.48%
META	B	2.02%
BRK.A	C	2.01%
WMT	C	1.87%
NVDA	D	1.6%
WFC	D	1.4%
AVGO	C	1.34%
ABBV	C	1.34%
IBM	B	1.32%
AMZN	C	1.27%
T	C	1.23%
C	C	1.22%
COST	B	1.21%
GOOGL	D	1.17%
ORCL	C	1.13%
GE	B	1.09%
JNJ	C	1.03%
AMGN	B	1.03%
VZ	B	1.01%
XOM	C	0.99%
JPM	D	0.9%
PG	C	0.88%
MRK	D	0.87%
V	C	0.86%
CVS	D	0.8%
MA	B	0.79%
CVX	D	0.79%
GILD	B	0.78%
TGT	C	0.68%
AAPL	C	0.67%
MPC	F	0.64%
PEP	C	0.62%
QCOM	D	0.62%
KO	C	0.6%
PM	C	0.56%
GM	C	0.56%
VLO	F	0.54%
PSX	F	0.54%
PFE	C	0.53%
MO	C	0.52%
LMT	C	0.52%
MCK	F	0.51%
PGR	B	0.5%
UNP	C	0.48%
BKNG	C	0.47%
GS	C	0.45%
REGN	C	0.45%
NFLX	B	0.44%
AMAT	D	0.44%
AIG	D	0.42%
CSCO	C	0.42%
COF	B	0.42%
MMM	B	0.41%
CAT	B	0.41%
MCD	B	0.4%
BAC	D	0.39%
HD	B	0.39%
NOW	B	0.37%
ALL	B	0.36%
MET	B	0.36%
INTC	F	0.36%
CRM	D	0.35%
CAH	C	0.35%
TJX	B	0.34%
KR	C	0.34%
EBAY	B	0.34%
CL	D	0.33%
F	F	0.33%
TRV	C	0.32%
ADM	D	0.32%
TMUS	C	0.31%
AZO	D	0.3%
COP	D	0.3%
ICE	C	0.29%
SYF	C	0.29%
BMY	C	0.28%
BK	B	0.27%
DHR	B	0.27%
HPQ	D	0.27%
THC	A	0.27%
LRCX	F	0.27%
VST	C	0.26%
INTU	C	0.26%
ANF	D	0.26%
PRU	C	0.25%
PANW	D	0.25%
BBY	C	0.24%
CHTR	D	0.24%
CMCSA	D	0.24%
LII	B	0.23%
NOC	B	0.23%
LOW	B	0.23%
WM	D	0.23%
BX	B	0.23%
KLAC	D	0.23%
MDLZ	B	0.22%
CMG	C	0.22%
TSN	C	0.22%
FICO	B	0.22%
SHW	B	0.21%
TXN	C	0.21%
UBER	C	0.21%
LYB	D	0.21%
DD	B	0.21%
VRTX	D	0.21%
WSM	D	0.21%
GLW	C	0.2%
WSO	C	0.2%
HPE	D	0.2%
CME	C	0.2%
VRSK	D	0.2%
UPS	D	0.19%
BSX	B	0.19%
AXP	B	0.19%
LHX	C	0.19%
MMC	C	0.19%
ACN	C	0.19%
CPRT	D	0.19%
AFL	C	0.19%
AON	B	0.19%
CTAS	B	0.18%
DVA	B	0.18%
DPZ	F	0.18%
ETN	C	0.18%
ORLY	C	0.18%
PHM	B	0.17%
DECK	C	0.17%
GD	B	0.17%
GWW	B	0.17%
IT	B	0.16%
BR	D	0.16%
CB	B	0.16%
KHC	C	0.16%
KMB	D	0.16%
SCHW	D	0.16%
BKR	C	0.16%
UTHR	C	0.16%
SPG	B	0.15%
MU	F	0.15%
EMR	D	0.15%
MSI	B	0.15%
CLX	C	0.15%
WDC	D	0.15%
TDG	B	0.15%
BAH	C	0.14%
WBA	F	0.14%
CI	C	0.14%
SMCI	F	0.14%
KKR	B	0.13%
RSG	D	0.13%
RMD	C	0.13%
PWR	B	0.13%
JNPR	B	0.13%
BRO	C	0.13%
TRGP	B	0.13%
PH	B	0.13%
DUK	C	0.13%
HCA	B	0.13%
VTRS	D	0.13%
EXC	C	0.12%
EVR	A	0.12%
WELL	C	0.12%
IP	B	0.12%
CARR	B	0.12%
HWM	B	0.12%
STE	C	0.12%
ANET	B	0.12%
EOG	D	0.11%
AOS	D	0.11%
XYL	C	0.11%
USB	B	0.11%
CMI	C	0.11%
GIS	B	0.11%
RPM	B	0.11%
MAR	C	0.11%
IRM	C	0.11%
K	B	0.1%
GPK	B	0.1%
PNC	B	0.1%
AVY	C	0.1%
TOL	B	0.1%
YUM	D	0.1%
APH	D	0.1%
JKHY	B	0.1%
MRO	C	0.1%
APO	C	0.1%
ALLY	F	0.1%
FAST	C	0.1%
CRS	B	0.1%
ERIE	B	0.09%
ADSK	C	0.09%
ADP	B	0.09%
SLB	F	0.09%
IR	C	0.09%
EA	D	0.09%
CHRW	B	0.09%
BDX	D	0.09%
TFC	C	0.09%
DASH	C	0.09%
FCX	D	0.09%
CEG	C	0.09%
ARES	B	0.09%
AJG	D	0.09%
URI	B	0.09%
EFX	B	0.09%
UHS	B	0.09%
DKS	D	0.09%
GDDY	C	0.09%
CACI	B	0.09%
NEM	B	0.09%
NUE	F	0.08%
TROW	D	0.08%
MTD	D	0.08%
DFS	B	0.08%
OGN	D	0.08%
LECO	F	0.08%
WU	F	0.08%
HLI	B	0.08%
MKC	C	0.08%
BIIB	F	0.08%
TYL	C	0.08%
FIS	B	0.08%
ALSN	B	0.08%
PCAR	D	0.08%
WMB	B	0.08%
AMP	A	0.08%
OKE	B	0.08%
ITT	B	0.08%
ECL	B	0.08%
HLT	B	0.08%
RCL	B	0.08%
EHC	C	0.08%
FOXA	B	0.08%
RS	D	0.08%
BWXT	D	0.08%
ITW	C	0.08%
LDOS	B	0.08%
KMI	B	0.08%
IEX	D	0.08%
AN	D	0.08%
LEN	B	0.08%
NTAP	D	0.08%
ELV	C	0.08%
L	C	0.08%
MPWR	C	0.08%
DLR	B	0.08%
CW	B	0.08%
HUBB	B	0.08%
CSX	D	0.08%
LSTR	D	0.08%
TAP	D	0.08%
PNR	B	0.08%
CHD	D	0.07%
JBL	D	0.07%
POOL	C	0.07%
ARW	C	0.07%
CMC	D	0.07%
CALM	A	0.07%
SLG	B	0.07%
CE	F	0.07%
TSCO	C	0.07%
CCK	A	0.07%
OTIS	C	0.07%
OSK	F	0.07%
EQH	C	0.07%
OC	D	0.07%
SEIC	C	0.07%
NVR	B	0.07%
LPLA	D	0.07%
NRG	C	0.07%
GLPI	C	0.07%
SYY	D	0.07%
IPG	C	0.07%
EXPD	C	0.07%
TTC	D	0.07%
ROST	C	0.07%
TTWO	C	0.07%
EXR	B	0.07%
AIZ	B	0.07%
MSCI	C	0.07%
BALL	C	0.07%
MMS	C	0.06%
TPX	C	0.06%
MNST	D	0.06%
PK	D	0.06%
KD	D	0.06%
VNO	B	0.06%
MSM	D	0.06%
HIG	B	0.06%
SBUX	C	0.06%
HCC	F	0.06%
EMN	B	0.06%
KSS	F	0.06%
FTNT	C	0.06%
IDXX	C	0.06%
CPT	B	0.06%
CHE	C	0.06%
MAS	B	0.06%
BC	C	0.06%
MLM	D	0.06%
OMC	B	0.06%
HSY	C	0.06%
TEX	F	0.06%
X	F	0.06%
SLM	D	0.06%
INVH	C	0.06%
INGR	B	0.06%
ROP	C	0.06%
SPGI	B	0.06%
SEE	D	0.06%
GNTX	F	0.06%
VMC	D	0.06%
CFG	C	0.06%
PBF	F	0.06%
CRI	D	0.06%
COIN	F	0.06%
MLI	A	0.06%
CNX	B	0.06%
NWSA	D	0.06%
KDP	B	0.06%
DGX	B	0.06%
UFPI	C	0.06%
ATGE	C	0.05%
CAG	C	0.05%
CCL	C	0.05%
WAT	C	0.05%
CBT	B	0.05%
BWA	D	0.05%
SKYW	C	0.05%
ATI	C	0.05%
WEN	C	0.05%
ROL	C	0.05%
TKR	D	0.05%
MUR	F	0.05%
PKG	B	0.05%
LAMR	B	0.05%
LOPE	D	0.05%
WTW	C	0.05%
VIRT	C	0.05%
TW	B	0.05%
TXRH	C	0.05%
PTC	D	0.05%
NXST	D	0.05%
A	C	0.05%
FCNCA	D	0.05%
DELL	D	0.05%
IBKR	B	0.05%
SANM	D	0.05%
WPC	C	0.05%
POST	C	0.05%
CPAY	B	0.05%
URBN	F	0.05%
G	C	0.05%
FDS	C	0.05%
SUI	B	0.05%
DG	F	0.05%
FITB	B	0.05%
CDW	D	0.05%
PEG	B	0.05%
EXP	B	0.05%
MHO	B	0.05%
ANSS	D	0.05%
CMA	B	0.04%
APLE	D	0.04%
GEO	F	0.04%
LW	D	0.04%
OLN	D	0.04%
HUBG	C	0.04%
RL	C	0.04%
FHI	A	0.04%
BLDR	C	0.04%
CRBG	D	0.04%
COLD	D	0.04%
GATX	D	0.04%
VC	F	0.04%
HAL	F	0.04%
BAX	C	0.04%
MOS	F	0.04%
CNO	B	0.04%
AR	F	0.04%
XRAY	D	0.04%
PR	F	0.04%
AMH	C	0.04%
HEI	B	0.04%
GVA	B	0.04%
RRC	D	0.04%
NBIX	F	0.04%
ENTG	F	0.04%
GNW	B	0.04%
PINS	F	0.04%
ELS	C	0.04%
VRSN	D	0.04%
MAN	C	0.04%
SEB	D	0.04%
ABM	D	0.04%
FFIV	B	0.04%
FLO	C	0.04%
DCI	C	0.04%
ADBE	F	0.04%
BTU	D	0.04%
GGG	C	0.04%
ZTS	C	0.04%
STLD	F	0.04%
SRCL	A	0.04%
ACM	B	0.04%
FANG	D	0.04%
DOW	D	0.04%
NDSN	C	0.04%
WST	D	0.04%
NKE	D	0.04%
LANC	D	0.04%
STZ	D	0.04%
WAB	B	0.04%
SMG	C	0.04%
PPG	D	0.04%
AVT	C	0.04%
COOP	C	0.04%
NFG	B	0.04%
PAG	D	0.04%
CLH	A	0.04%
SLGN	B	0.04%
BEN	F	0.04%
ULTA	D	0.04%
MAC	B	0.04%
AKAM	D	0.03%
NEU	D	0.03%
SSD	D	0.03%
DRI	B	0.03%
OKTA	F	0.03%
TXT	D	0.03%
COKE	C	0.03%
FNF	B	0.03%
HOOD	C	0.03%
HBAN	B	0.03%
FR	B	0.03%
NAVI	C	0.03%
MC	B	0.03%
RLI	B	0.03%
DK	F	0.03%
MOH	D	0.03%
BKU	C	0.03%
SBAC	C	0.03%
BURL	B	0.03%
SJM	C	0.03%
AWI	B	0.03%
YELP	F	0.03%
SM	F	0.03%
MDU	C	0.03%
UDR	C	0.03%
MTB	B	0.03%
WH	B	0.03%
HP	F	0.03%
SHOO	B	0.03%
DBRG	D	0.03%
AMKR	F	0.03%
MORN	C	0.03%
EQIX	C	0.03%
BJ	D	0.03%
WTS	C	0.03%
MCO	B	0.03%
RPRX	C	0.03%
TFX	C	0.03%
HSIC	C	0.03%
LEA	F	0.03%
TRN	D	0.03%
AVA	C	0.03%
GT	F	0.03%
MKL	C	0.03%
MANH	B	0.03%
EME	B	0.03%
SEM	D	0.03%
SLVM	B	0.03%
TDS	C	0.03%
JEF	B	0.03%
FND	C	0.03%
DINO	F	0.03%
DOX	C	0.03%
BHF	F	0.03%
HOLX	B	0.03%
VSH	F	0.03%
APP	C	0.03%
TER	D	0.03%
JHG	B	0.03%
ASO	C	0.03%
OMF	D	0.03%
AES	C	0.03%
APG	D	0.03%
UHAL	A	0.03%
IFF	B	0.03%
PSTG	F	0.03%
GMS	D	0.03%
CPNG	B	0.03%
PAYX	C	0.03%
PSA	B	0.03%
DDS	F	0.03%
OI	D	0.03%
AVTR	B	0.03%
CTVA	B	0.03%
LEG	D	0.02%
ODFL	D	0.02%
TTEK	C	0.02%
PARA	F	0.02%
APOG	B	0.02%
BXP	B	0.02%
LXP	B	0.02%
SNDR	B	0.02%
ODP	F	0.02%
DORM	B	0.02%
CHDN	C	0.02%
OSIS	D	0.02%
HST	C	0.02%
BBWI	F	0.02%
SNAP	F	0.02%
GES	F	0.02%
BMRN	F	0.02%
CC	F	0.02%
IGT	D	0.02%
SAM	F	0.02%
MCY	D	0.02%
GWRE	A	0.02%
LBRDK	F	0.02%
DOV	B	0.02%
GPC	D	0.02%
AIT	A	0.02%
NTCT	C	0.02%
AA	D	0.02%
PMT	C	0.02%
GHC	B	0.02%
EPC	F	0.02%
CINF	B	0.02%
NSP	F	0.02%
VSTO	C	0.02%
PSN	B	0.02%
FLS	D	0.02%
RLJ	D	0.02%
MKTX	C	0.02%
CG	D	0.02%
GEF	D	0.02%
HII	D	0.02%
GMED	D	0.02%
SKX	D	0.02%
KEY	B	0.02%
KMPR	D	0.02%
CTLT	B	0.02%
LNW	B	0.02%
ORA	C	0.02%
COHR	C	0.02%
CXW	F	0.02%
JBHT	D	0.02%
PLXS	A	0.02%
CHRD	F	0.02%
ALGN	D	0.02%
PNM	B	0.02%
WERN	D	0.02%
EXEL	C	0.02%
DRH	C	0.02%
PINC	C	0.02%
LZB	C	0.02%
WRB	C	0.02%
NTRS	A	0.02%
MASI	F	0.02%
SHO	C	0.02%
BKE	B	0.02%
NDAQ	A	0.02%
ADNT	F	0.02%
UNF	C	0.02%
RYN	C	0.02%
GEHC	C	0.02%
NVT	D	0.02%
DLTR	F	0.02%
CTRA	D	0.02%
THS	C	0.02%
MATX	B	0.02%
KNX	C	0.01%
UHAL	A	0.01%
ARCH	F	0.01%
LYFT	D	0.01%
CACC	F	0.01%
KALU	F	0.01%
UAL	C	0.01%
SCCO	D	0.01%
ACI	F	0.01%
SWN	D	0.01%
ECPG	D	0.01%
MKSI	F	0.01%
UVV	D	0.01%
QRVO	F	0.01%
HUN	D	0.01%
MTDR	F	0.01%
MLKN	D	0.01%
WOR	D	0.01%
JELD	D	0.01%
SYNA	F	0.01%
ESAB	C	0.01%
HRL	C	0.01%
PFG	B	0.01%
ARCB	D	0.01%
INCY	C	0.01%
CENTA	F	0.01%
JBGS	C	0.01%
FLR	D	0.01%
LVS	D	0.01%
AMED	C	0.01%
AFG	B	0.01%
FELE	C	0.01%
DTM	B	0.01%
WAFD	C	0.01%
WMK	C	0.01%
DY	B	0.01%
WTFC	B	0.01%
KN	D	0.01%
PECO	B	0.01%
CBRL	D	0.01%
SAIC	C	0.01%
STRA	F	0.01%
SF	A	0.01%
TTMI	D	0.01%
CPB	C	0.01%
CPRI	D	0.01%
CVI	F	0.01%
DEI	B	0.01%
AMWD	D	0.01%
TREX	D	0.01%
WWD	D	0.01%
LAUR	C	0.01%
SAH	D	0.01%
H	C	0.01%
RBC	C	0.01%
IOSP	D	0.01%
MHK	C	0.01%
LADR	B	0.01%
GOLF	D	0.01%
KEX	C	0.01%
PSMT	B	0.01%
DAN	F	0.01%
OLLI	C	0.01%
PTEN	F	0.01%
RJF	C	0.01%
PHIN	B	0.01%
SCS	D	0.01%
CSL	B	0.01%
SATS	C	0.01%
EVRG	B	0.01%
NOMD	B	0.0%

MFUS Underweight 342 Positions Relative to NUSC

Symbol	Grade	Weight
NTNX	C	-0.82%
CROX	D	-0.74%
REXR	C	-0.73%
FMC	C	-0.69%
TRNO	C	-0.69%
FRPT	B	-0.67%
EXLS	B	-0.62%
BMI	A	-0.62%
ARMK	B	-0.61%
PCOR	F	-0.6%
RHP	C	-0.6%
MAT	C	-0.58%
DAR	F	-0.58%
CHX	F	-0.57%
BCPC	C	-0.56%
WEX	C	-0.55%
MOD	A	-0.54%
UGI	C	-0.52%
ACIW	B	-0.52%
OHI	B	-0.51%
PRI	B	-0.5%
WFRD	F	-0.48%
NJR	B	-0.48%
AL	D	-0.47%
ITRI	C	-0.46%
EGP	B	-0.45%
ALKS	C	-0.45%
ONTO	D	-0.43%
AAON	B	-0.42%
OGS	B	-0.42%
FTDR	B	-0.39%
SITE	C	-0.39%
KRC	B	-0.39%
WD	A	-0.37%
HAS	B	-0.37%
SPSC	D	-0.37%
SSB	B	-0.37%
PLNT	B	-0.36%
PCH	C	-0.36%
FBP	C	-0.35%
STWD	B	-0.35%
ICUI	B	-0.35%
ENSG	B	-0.35%
IDCC	B	-0.35%
LRN	B	-0.34%
RUN	C	-0.33%
ATKR	F	-0.32%
NOVT	D	-0.32%
AVNT	B	-0.31%
WHD	C	-0.31%
LSCC	D	-0.3%
EPRT	B	-0.3%
VLY	C	-0.3%
PJT	B	-0.29%
AZEK	C	-0.29%
OZK	D	-0.29%
GME	F	-0.29%
CPK	B	-0.28%
BLKB	C	-0.28%
PCVX	C	-0.28%
BXMT	C	-0.28%
ENV	C	-0.28%
ASGN	D	-0.26%
RNA	C	-0.26%
CRVL	B	-0.26%
NARI	F	-0.25%
CYTK	F	-0.25%
RCM	C	-0.25%
KNF	B	-0.24%
MTX	D	-0.24%
TBBK	B	-0.24%
PLMR	C	-0.24%
EPAC	B	-0.23%
ZD	D	-0.23%
VKTX	C	-0.23%
COMP	C	-0.23%
HIMS	D	-0.23%
CALX	D	-0.22%
ADTN	D	-0.22%
EVTC	D	-0.22%
VCTR	B	-0.22%
CLVT	D	-0.21%
PRCT	C	-0.21%
HWC	D	-0.21%
CRNX	C	-0.21%
OMCL	C	-0.21%
CNK	C	-0.21%
WSC	D	-0.21%
WDFC	C	-0.21%
EQC	C	-0.21%
RYAN	D	-0.2%
EFSC	B	-0.2%
EAT	A	-0.2%
YETI	D	-0.2%
SHC	C	-0.2%
HASI	C	-0.2%
JBT	D	-0.19%
LCII	C	-0.19%
MRCY	D	-0.19%
MIR	D	-0.19%
RXST	C	-0.19%
IDYA	F	-0.19%
LEVI	C	-0.19%
DFIN	B	-0.19%
PAR	B	-0.19%
HCP	B	-0.18%
GKOS	C	-0.18%
GERN	D	-0.18%
PRGS	C	-0.18%
FTRE	D	-0.18%
POWL	C	-0.17%
SLAB	D	-0.17%
OUT	C	-0.17%
DV	F	-0.17%
MGNI	D	-0.17%
AMN	F	-0.17%
ITGR	A	-0.17%
CASH	B	-0.17%
PEB	D	-0.16%
PLUG	F	-0.16%
GTLB	D	-0.16%
HLIT	C	-0.16%
MRUS	D	-0.16%
SJW	C	-0.16%
XPRO	F	-0.16%
SONO	D	-0.15%
ESRT	B	-0.15%
HQY	C	-0.15%
STBA	B	-0.15%
ROG	F	-0.15%
RDNT	B	-0.14%
VSEC	C	-0.14%
KLIC	F	-0.14%
TRIP	F	-0.14%
ARI	F	-0.14%
LCID	C	-0.14%
DYN	D	-0.14%
VERA	C	-0.14%
NEO	C	-0.14%
MODG	F	-0.14%
WRBY	D	-0.13%
NOVA	C	-0.13%
AZTA	F	-0.13%
SAVA	C	-0.13%
LNN	D	-0.13%
UNIT	C	-0.13%
INDB	C	-0.13%
ARQT	C	-0.12%
LBPH	D	-0.12%
MYGN	C	-0.12%
IRDM	D	-0.12%
VOYA	B	-0.12%
ARVN	F	-0.12%
BKD	D	-0.12%
GH	D	-0.12%
DNLI	C	-0.12%
RXRX	F	-0.12%
ARRY	F	-0.11%
ESTC	F	-0.11%
COUR	D	-0.11%
INTA	A	-0.11%
PBI	D	-0.11%
TILE	B	-0.11%
PLAY	F	-0.11%
CARS	D	-0.11%
HURN	C	-0.11%
BZH	B	-0.1%
LFUS	C	-0.1%
VITL	D	-0.1%
KYMR	C	-0.1%
JOE	C	-0.1%
DGII	D	-0.1%
EXPI	C	-0.1%
ADC	C	-0.1%
PEBO	C	-0.1%
FA	B	-0.1%
QNST	B	-0.1%
MRC	D	-0.1%
MYRG	F	-0.1%
WNC	F	-0.09%
CSTL	C	-0.09%
CRSP	F	-0.09%
TARS	C	-0.09%
PYCR	D	-0.09%
KURA	D	-0.09%
PETQ	B	-0.09%
IRON	D	-0.09%
NVCR	D	-0.09%
ERII	D	-0.09%
PDFS	F	-0.09%
PEN	D	-0.09%
VRDN	C	-0.09%
BHLB	B	-0.08%
CFLT	F	-0.08%
COLM	C	-0.08%
MNRO	D	-0.08%
NVST	D	-0.08%
PRTA	F	-0.08%
MBUU	D	-0.08%
KOP	F	-0.08%
EMBC	C	-0.08%
GBCI	B	-0.08%
CECO	D	-0.08%
EYE	F	-0.08%
STGW	B	-0.07%
VECO	F	-0.07%
EWTX	B	-0.07%
RPAY	F	-0.07%
VVI	D	-0.07%
PRA	C	-0.07%
RVNC	D	-0.07%
SMP	C	-0.07%
IBCP	B	-0.07%
COGT	C	-0.07%
ETWO	C	-0.07%
KREF	B	-0.07%
CDMO	B	-0.07%
CGEM	D	-0.07%
PHAT	C	-0.07%
PLYA	D	-0.07%
HAIN	D	-0.07%
PNTG	B	-0.06%
RCUS	C	-0.06%
CWH	C	-0.06%
SNDX	F	-0.06%
LPRO	D	-0.06%
MAX	C	-0.06%
IMNM	D	-0.06%
PNFP	B	-0.06%
ETNB	F	-0.06%
INFN	B	-0.06%
HZO	C	-0.06%
STAA	F	-0.05%
ELVN	D	-0.05%
CCRN	F	-0.05%
GOGO	F	-0.05%
ACHC	C	-0.05%
FIVE	D	-0.05%
KTOS	C	-0.05%
VREX	F	-0.05%
WVE	D	-0.05%
HUMA	D	-0.05%
IART	F	-0.05%
VAC	F	-0.05%
AMBC	D	-0.05%
LESL	F	-0.05%
FFBC	D	-0.05%
AMAL	B	-0.05%
MLNK	C	-0.05%
ARCT	F	-0.05%
VERV	F	-0.04%
MCS	C	-0.04%
ETSY	F	-0.04%
MNMD	F	-0.04%
CTLP	D	-0.04%
WEAV	C	-0.04%
CCO	C	-0.04%
ARKO	C	-0.04%
NRIX	C	-0.04%
ZEUS	F	-0.04%
WOOF	C	-0.04%
NABL	D	-0.04%
BOX	C	-0.04%
CYRX	D	-0.04%
VMEO	C	-0.04%
RDUS	D	-0.04%
EYPT	D	-0.04%
KW	C	-0.04%
PLRX	F	-0.04%
ADV	C	-0.04%
PAHC	B	-0.04%
BHB	A	-0.04%
SVRA	D	-0.04%
PDM	B	-0.03%
KE	F	-0.03%
MOV	F	-0.03%
PRAA	D	-0.03%
BANR	B	-0.03%
PLOW	C	-0.03%
TITN	F	-0.03%
NMIH	B	-0.03%
DMRC	F	-0.03%
PFGC	B	-0.03%
AHH	B	-0.03%
PACK	D	-0.03%
ALEC	C	-0.03%
NUVB	D	-0.03%
CRMT	F	-0.03%
MGRC	F	-0.03%
OFIX	D	-0.03%
RBBN	D	-0.03%
LILA	D	-0.03%
SR	B	-0.03%
ALTR	C	-0.03%
FNA	F	-0.03%
DBX	D	-0.03%
TBPH	F	-0.03%
ZIP	D	-0.03%
CMP	D	-0.03%
ATEX	D	-0.03%
XPOF	D	-0.03%
FUL	C	-0.03%
PRGO	D	-0.03%
TGI	F	-0.03%
GTN	D	-0.03%
EE	B	-0.03%
RUSHB	C	-0.03%
CBL	D	-0.03%
DEA	B	-0.03%
MEI	D	-0.03%
HAFC	C	-0.03%
BANC	B	-0.02%
CRD.B	C	-0.02%
HGV	F	-0.02%
LGF.A	F	-0.02%
ESTA	D	-0.02%
ST	D	-0.02%
RAMP	F	-0.02%
CTS	D	-0.02%
RNST	D	-0.02%
INFA	D	-0.02%
CNMD	D	-0.02%
MWA	B	-0.02%
TMCI	F	-0.02%
UMBF	B	-0.02%
JAMF	D	-0.02%
NBTB	D	-0.02%
SBRA	C	-0.02%
ORI	B	-0.02%
EWCZ	F	-0.02%
EB	F	-0.02%
CWK	B	-0.02%
FIBK	B	-0.02%
FRT	C	-0.02%
SRRK	F	-0.02%
FLGT	D	-0.02%
TRDA	D	-0.02%
LAZR	F	-0.02%
TDOC	D	-0.01%
AUB	D	-0.01%
LYEL	D	-0.01%
IMAX	C	-0.01%